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BlackRock, KKR Near Sale of Adnoc Oil Pipeline Stake to ADQ - Vimarsana News

BlackRock, KKR Near Sale of Adnoc Oil Pipeline Stake to ADQ

(Bloomberg) -- BlackRock Inc. and KKR & Co. are nearing a deal to sell their multibillion-dollar stake in Abu Dhabi National Oil Co.’s oil pipeline network to local sovereign wealth fund ADQ, people with knowledge of the matter said. Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsFund Titans Are Betting on Everything Gaining Against the DollarNATO Is Papering Over the Cracks After Zelenskiy Loses His C

Source: yahoo.com
Abu Dhabi's ADNOC in almost $11bn approach for Covestro - Business & Finance - Vimarsana News

Abu Dhabi's ADNOC in almost $11bn approach for Covestro - Business & Finance

DUBAI: Abu Dhabi National Oil Company (ADNOC) has approached German plastics and chemicals maker Covestro AG with a...

UAE minister due after Eid to ink different deals - Vimarsana News

UAE minister due after Eid to ink different deals

ISLAMABAD: A high-level delegation from the United Arab Emirates (UAE) headed by Sultan Al-Jabar, Minister for...

Abu Dhabi's ADNOC, AI firm G42 plan IPO of technology joint venture AIQ: Sources - Vimarsana News

Abu Dhabi's ADNOC, AI firm G42 plan IPO of technology joint venture AIQ: Sources

AIQ, which is 60% owned by ADNOC and 40% by G42, uses artificial intelligence and machine learning to optimise processes, improve planning and increase profitability for ADNOC and the wider oil and gas industry.

ai firm: Abu Dhabi's ADNOC, AI firm G42 plan IPO of technology joint venture AIQ - Vimarsana News

ai firm: Abu Dhabi's ADNOC, AI firm G42 plan IPO of technology joint venture AIQ

Shares of artificial intelligence firms have helped lead an equity rally in the U.S. market this year after U.S. firm OpenAI, the owner of ChatGPT, a chatbot that gives strikingly human-like responses to user queries, snagged a multi-billion dollar investment from Microsoft Corp.